New 2018 FSA Limited Announced by IRS

The Federal Internal Revenue Service (IRS) just released the 2018 election limits for the following Spending Account options:
Commuter Plans
Both PARKING and TRANSIT monthly limits are $260
Health FSA (Limited and Full Purpose)
No other changes election limit updates were announced. 

For more details, go to Glossary of Terms - FSA accounts
#96 R11/13/17